ALL CAPITAL REALTY, LLC
22 South St, Westborough, MA 01581
508-366-4888 | [email protected]



Posted by All Capital Realty Team on 12/14/2019

Contingencies on a contract to buy a home are there to protect both the buyer and the seller. The contingencies give the buyer the right to back out of the contract if any of these contingencies arenít met. There are many reasons that buyers back out of deals including financial issues and problems with the home. Below, youíll find a break down of some of the most common contingencies and what they mean for you as a buyer or a seller.   


Financing Contingency


Most home contracts come with whatís called a financing contingency. This gives you the ability to walk away from a deal if the financing falls through when trying to buy a home. Usually this is due to a credit reason or some other financial reason. You canít rely on financial cracks to help you to back out of a deal on a home. Lenders will only deny a loan for real financial reasons. Thereís no way to ask a lender to lie for you so you can get out of buying a home! This is why you need to make your decision about a home purchase wisely.   



Inspection Contingency


This gives the buyer the right to have an inspection on the home within a certain time frame which is usually 5-7 days. If something is really off with the inspection that you as a buyer donít feel comfortable with, you have the right to back out of a deal without repercussions. While seller disclosures are important, the seller canít disclose what they donít know about. Thatís why the home inspection is so important. The sellerís disclosure cannot protect you from hidden damages that may cost half of a homeís worth to repair.   


Appraisal Contingency


If homes are selling fast and you want some secure way to back out of a deal you should consider an appraisal contingency. If the home you want to purchase doesnít appraise at a price high enough to meet your mortgage requirements, you have a legal way to back out of the deal. For example, if you put down 20 percent of the purchase price of a home and the home doesn't appraise for the value of that purchase price, youíd need to come up with the remainder of the money in cash. An appraisal contingency protects you from having to face this. Youíll still need to have a home inspection done on the home to search for any problems, but an appraisal contingency protects you from any problems with financing and your own disposable amount of cash that could arise due to a home appraising low. 


While contingencies arenít necessary as a homebuyer, theyíre highly recommended. Without contingencies, you could be left with a number of expenses such as damages that are extremely costly to fix.




Categories: offer to purchase   offer  


Posted by All Capital Realty Team on 12/7/2019

There is a lot to think about when you know youíre ready to sell your home. The best approach is to take things step-by-step in order to get everything right. 


Make Necessary Repairs


Before you even decide to put a ďfor saleĒ sign out front, youíll want to address the problems in your home that you know about. If the roof needs to be replaced, or you know you need a new refrigerator, you should tend to those things as soon as possible. While these items can be an expense for you, completing these things before the sale of the home will increase the value of the home and save you some aggravation when it comes time for the home inspection.


Donít forget about the small details as you look at what needs to be done on your property. Does the doorbell ring? Are the lightbulbs all working? These small details are just as important as the big stuff.   


Find A Real Estate Agent


Finding a real estate agent isnít a one-size-fits-all job. You want an agent who understands your needs and is an expert in your particular market. You can check with your family and friends to see if they have a particular agent who they recommend. Also, you might check out reviews online to help you discover an agent. Do you have a particular agency in mind? Give them a call and they can set you up with one of their agents. Many agents will be happy to provide a number of references of recent sales if you inquire. 


Find Out How Your Home Will Be Marketed


If your home wonít be on social media, thereís something wrong with the marketing plan. Youíll need lots of good photos and maybe even a video tour of your home. You should definitely be sure that your home is being marketed on YouTube, Facebook, and Instagram to name a few social networks. These networks even offer paid ads to help you reach the right buyers. Talk with your realtor to see what the plan for marketing your home sale is.


Prepare For Home Showings


While you still might need to live in your home while youíre selling it, you want the property to be presentable. Start at the curb of your home and work your way to the inside. The property should look presentable from the moment buyers pull up to the house. The lawn should be mowed, the landscaping should be trimmed, and the inside of the home should be thoroughly cleaned. This will seal the deal on the sale of your property after all of the other hard work has been done.   





Posted by All Capital Realty Team on 12/6/2019


13 JOLICOEUR ROAD, Spencer, MA 01562

Single-Family

$260,100
Price

7
Rooms
3
Beds
2/1
Full/Half Baths
**PRICE REDUCED**THIS DUTCH COLONIAL HOME OFFERS 3-BEDROOMS & 2.5 BATHS & 2612 SQFT OF LIVING SPACE, SITUATED ON 48049 SQFT LOT. AN OPEN FLOOR PLAN GREAT FOR ENTERTAINING . A WELCOMING FIREPLACE IN THE LIVING ROOM & A ROMANTIC FIREPLACE IN THE MASTER BEDROOM. DECK OFF THE DINING/ KITCHEN, EASY FOR COOKOUTS IN THE SUMMER. THIS IS A HUD PROPERTY & SOLD AS- IS. HUD WILL NOT REPLACE OR REPAIR ANY ISSUES * SMOKE CERTIFICATE, TITLE 5 & WELL WATER TEST ARE BUYERS AGENT RESPONSIBILITY- SOLD AS-IS * IT IS RECOMMENDED THAT THE BUYER OR BUYER'S LAWYER OR AGENT PERFORM DUE DILIGENCE ON BEHALF OF THE BUYER. PROPERTY IS LISTED AS IE INSURED WITH ESCROW HUD CASE # 251-433299. FINANCE TERMS: FHA, 203K, CASH, & CONV. PLEASE SEE ATTACHED DISCLOSURES. ELIGIBLE BIDDERS: ALL BIDERS ONLY FROM 12/06/19 BIDS DUE DAILY BY 11:59PM CENTRAL TIME, UNTIL SOLD. SELLER PREFERS HUD HOMES SOLD BY ELECTRONIC BID ONLY. MAKE AN APPOINTMENT TODAY WITH A REAL ESTATE AGENT OF YOUR CHOICE.
Open House
No scheduled Open Houses

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Categories: Price Change  


Posted by All Capital Realty Team on 12/6/2019

This Multi-Family in Worcester, MA recently sold for $400,000. This style home was sold by All Capital Realty Team - ALL CAPITAL REALTY, LLC.


12 Hudson St, Worcester, MA 01609

Multi-Family

$379,900
Price
$400,000
Sale Price

3
Units
3,942
Approx. GLA
HIGHEST AND BEST DUE FRIDAY 10/4 BY 5PM! Calling all investors! Well-maintained 3-unit located on a corner lot near Elm Park. Upgrades include recent water heaters, forced hot water baseboard wall hung unit for each floor, and updated electric with owners meter. Below market rents. There is plenty of off-street parking. Close to many restaurants, shopping, and recreational activities. Don't miss out on this one!

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Categories: Sold Homes  


Posted by All Capital Realty Team on 12/3/2019

This Single-Family in Sterling, MA recently sold for $250,000. This Cape style home was sold by All Capital Realty Team - ALL CAPITAL REALTY, LLC.


324 REDEMPTION ROCK TRAIL, Sterling, MA 01564

Single-Family

$274,500
Price
$250,000
Sale Price

7
Rooms
3
Beds
3
Baths
**PRICE REDUCTION **THIS SINGLE FAMILY CAPE CODE HOME OFFERS TWO LEVELS OF LIVING AREA WITH 3 BEDROOMS & 3 BATH & 1960 SQUARE FEET OF LIVING SPACE, SITUATED ON 3.4 ACRES LOT. THIS IS A HUD PROPERTY & SOLD AS- IS. HUD WILL NOT REPLACE OR REPAIR ANY ISSUES * * SMOKE CERTIFICATE, TITLE 5 & FINAL WATER READING ARE BUYERS AGENT RESPONSIBILITY ** IT IS RECOMMENDED THAT THE BUYER OR BUYER'S LAWYER OR AGENT PERFORM DUE DILIGENCE ON BEHALF OF THE BUYER // PROPERTY IS BEING LISTED AS IE INSURED WITH ESCROW REPAIRS. ELIGIBLE FOR FHA 203K. BUILT PRIOR TO 1978 LEAD BASED PAINT POTENTIALLY EXIST. PLEASE SEE ATTACHED DISCLOSURES. THE SELLER PREFERS HUD HOMES SOLD BY ELECTRONIC BID ONLY. "ELIGIBLE BIDDERS: ALL BIDDERS.PROPERTY AVAILABLE 10/08/19 DUE DAILY BY 11:59PM CENTRAL TIME, UNTIL SOLD". PLEASE MAKE AN APPOINTMENT TO VIEW THIS HOME WITH A REAL ESTATE AGENT OR BROKER OF YOUR CHOICE.

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Categories: Sold Homes  




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